Avenue, Fortress Execs are the Latest to Join the NBA

By

Lillian Rizzo

Apr 18, 2014 12:35 pm ET

Move over Jay-Z, Wesley Edens and Marc Lasry are the newest big ballers.

As new owners of the Milwaukee Bucks, Mr. Lasry, chairman and chief executive of Avenue Capital Management, and Mr. Edens, co-founder and chairman of the board of Fortress Investment Group, are joining the growing list of sponsor-backed National Basketball Association teams.

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